Has the U.S. Dollar Bottomed?
Currencies / US Dollar Dec 17, 2009 - 06:41 AM GMTWe have made a number of videos on the dollar index and in my latest video I show you some of the aspects we outlined in our previous video that have come to pass.
The positive divergences on the MACD indicator which we discussed last time have kicked in and pushed the dollar index higher. Longer-term major trend for the dollar index continues to be negative. In this short video you'll see what the market is doing now and what we expect it to do in the future.
As always our videos are free to watch and there is no need to register.
Enjoy the video and let us know what you think on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
By INO.com
INO and Quote Providers furnish quotes and market analysis without responsibility for accuracy and is accepted by the site visitor on the condition that transmission or omissions shall not be made the basis for any claim, demand or cause for action. The information and data was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options..
INO Archive |
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.